General Electric’s Crony Capitalism
The Obama administration inserted language into the 2012 fiscal cliff bill that enabled GE to avoid paying much federal income tax.
The Obama administration inserted language into the 2012 fiscal cliff bill that enabled GE to avoid paying much federal income tax.
Far from being creatures that can “save” an economy, the Debt and Inflation Fairies are the architects of economic disaster.
An average-earning male retires in 2010 and gets $277,000 in lifetime benefits, $23,000 less than his lifetime taxes.
If Germany has competitive labor costs and can build a better widget, where is the problem?
Ms. Yellen wears the intellectual blinders of the mainstream macroeconomist. We can look forward to the Fed blindly fueling asset bubbles.
Interviewed by Scott Horton, Mark Thornton discusses life in crony-capitalist America, where Wall Street gets bailouts and interest-free money and
The snags with healthcare.gov are merely a sideshow; the true problems with ObamaCare run much deeper than a malfunctioning website.
European politicians and central bank policy-makers seek to maintain a monopoly over the power to create money.
By late 2010, inflation-adjusted income in Iceland was down over 35 percent. Inflating one’s currency may give the appearance of recovery, but the truth is somewhat less rosy.
Come one, come all, and learn the five best ways to create a monopoly.